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Korvikt [17]
3 years ago
15

An assumption for a construction project could be Select one: a. a grant will be secured to help fund the project. b. the materi

als to be used to construct the building. c. the size of the building that is to be constructed. d. the regulations and codes required for the building.
Business
1 answer:
Eduardwww [97]3 years ago
6 0

Answer:

a. a grant will be secured to help fund the project.

Explanation:

In project management, a project manager can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service. Project managers strives very hard so that they can achieve their aims, goals and objectives in the most cost-effective, efficient and best manner through the use of unique set of interrelated tools, skills and tasks.

An assumption for a construction project could be, a grant will be secured to help fund the project.

Project managers sometimes embark on the execution of projects without having enough fund to finish it successfully. There assumptions are usually that once they have commenced the process, a grant can be secured from creditors, investors or financial institutions to help fund the remaining part of the project. However, since it is an assumption, they're not guaranteed that the grant will be given to them; therefore, this can result to the stalling of projects sometimes.

By virtue of standards, materials to be used to construct the building, the size of the building that is to be constructed and the regulations and codes required for the building should never be assumed by project managers.

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You are the manager of a gas station in a small town, and your goal is to maximize profits. Based on your experience, the elasti
Levart [38]

<span>a. </span>No. Since the good that I am selling is inelastic considering the elasticity given in and outside Texas, having a lower price than non-Texan gas stations would have less impact on the quantity demanded.

<span>b. </span>The profit-maximizing price to charge a Texan for a car wash would be $12.

<span>c. </span><span>The profit-maximizing price to charge a Californian for a car wash would be $18. </span>

<span>(See attached for the calculations.)</span>

Download docx
7 0
3 years ago
Which of the following provides essential project data including objective performance status, cost impact of known problems, id
mr_godi [17]

Answer:

The correct answer is letter "B": Integrated Program Management Report (IPMR).

Explanation:

The Integrated Program Management Report (<em>IPMR</em>) is a legally authorized report containing performance details extracted from the internal Earned Value Management System of the contractor. The IPMR provides an extract on the advance of the agreement including potential problems, costs, and change in schedules.

7 0
3 years ago
For each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed, but do not use rounded
jeyben [28]

Answer:

(A)  $   2,602.34

(B)  $    4,156.97  

(C)  $   8,233.47

(D)  $ 46,796.64

Explanation:

We need to solve for the PMT of an ordinary annuity:

FV \div \frac{(1+r)^{time} -1}{rate} = C\\

(A)

FV 24,850

time   8

rate           0.05

24850 \div \frac{(1+0.05)^{8}-1 }{0.05} = C\\

C  $ 2,602.337

(B)

FV 1,030,000

time:    43

rate        0.07

1030000 \div \frac{(1+0.07)^{43} -1}{0.07} = C\\

C  $ 4,156.972

(C)

FV 856,000

time   29

rate             0.08

856000 \div \frac{(1+0.08)^{29} -1}{0.08} = C\\

C  $ 8,233.466

(D)

FV 856,000

time    14

rate        0.04

856000 \div \frac{(1+0.04)^{14} -1}{0.04} = C\\

C  $ 46,796.641

5 0
3 years ago
What are the major benefits to philips of shifting so much of its global production to china?
adell [148]

There were many major benefits to philips of shifting so much of its global production to china.

China is an attractive production location for Philips. Perhaps the most important benefits to philips  is the country’s cheap wages. In addition, the Chinese workforce is well educated, the economy is strong, and many of the company’s suppliers are doing business there.

Using China as a global supply base from which to serve the world offers several benefits to Philips. By having a single production location, the company can capitalize on costs savings that come from economies of scale as well as the low wages in China.

To learn more about benefits to Philips here

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7 0
2 years ago
Which is not an example of a risk management strategy?.
iVinArrow [24]

Answer: Risk elimination is not a type of risk management strategies

Explanation:

3 0
2 years ago
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